Worldcoin is a blockchain project co-founded in 2020 by OpenAI CEO Sam Altman, Alex Blania, and Max Novendstern. The project aims to “tackle two problems” raised by the growing complexity of artificial intelligence. Recently, Worldcoin launched a gas-free crypto wallet and is preparing to launch its blockchain protocol in six weeks after having been operating in beta.
According to a report from The Information, Altman is in advanced talks to secure $100 million in funding for the Worldcoin project through a private token sale. The proposed funding will be sourced from a mix of new and existing investors. When Worldcoin was launched, the startup conducted a Series A funding round led by a16z among other investors that included Digital Currency Group, Coinbase Ventures, former FTX CEO Sam Bankman-Fried, and LinkedIn co-founder Reid Hoffman.
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